letting contract

The steps in the formation and execution of a contract, particularly a public contract, including an advertising for bids, the reception of bids, and the award of the contract to the lowest bidder, provided he appears to be a responsible bidder.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • letting — An Americanism for the act of a public body or private owner for engaging a contractor for the construction of a building or other improvement, normally after bids for the work have been received, thus entailing the selection of a contractor from …   Ballentine's law dictionary

  • letting out work — See letting contract …   Ballentine's law dictionary

  • Letting — Let Let, v. t. [imp. & p. p. {Let} ({Letted} (l[e^]t t[e^]d), [Obs].); p. pr. & vb. n. {Letting}.] [OE. leten, l[ae]ten (past tense lat, let, p. p. laten, leten, lete), AS. l[=ae]tan (past tense l[=e]t, p. p. l[=ae]ten); akin to OFries. l[=e]ta,… …   The Collaborative International Dictionary of English

  • Contract manufacturer — A contract manufacturer ( CM ) is a manufacturer that contracts with a firm for components or products. It is a form of outsourcing. Contents 1 Business model 2 Industries that utilize the practice 3 Why Contract Manufacture? …   Wikipedia

  • letting — noun a) The rental of an apartment b) The award of a public contract …   Wiktionary

  • letting out — The act of leasing property or awarding a contract. See let …   Black's law dictionary

  • Land contract — A land contract (sometimes known as a “contract for deed” or an “installment sale agreement”) is a contract between a seller and buyer of real property in which the seller provides financing to buy the property for an agreed upon purchase price… …   Wikipedia

  • let contract — See letting …   Ballentine's law dictionary

  • Metayage — Contract for metayage, papyrus, 35th year of Amasis II (533 BC, 26th Dynasty) The Metayage system (Fr. métayage) is the cultivation of land for a proprietor by one who receives a proportion of the produce, as a kind of sharecropping. Cont …   Wikipedia

  • LEASE AND HIRE — The Hebrew term sekhirut embraces the lease of immovable property (houses and fields) as well as the hire of movable property and personal services, and is a near parallel of locatio conductio rei in Roman law. In this article the term hire is… …   Encyclopedia of Judaism

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